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Economy11:55 · 11m ago

Israeli Tech Sector Sees Rise in Hiring Experienced CEOs Amid Uncertainty

By ניצן רון
Translated & summarized from Calcalist by baba
The story · English

The Israeli high-tech executive job market is shifting, with companies increasingly preferring candidates who have previously served as CEOs. Data indicates a significant rise in this trend: in the first quarter of 2026, 26% of newly appointed CEOs in surveyed companies had prior CEO experience, up from 17% in the same period of 2025 and just 8% in 2024. This shift is attributed to a desire among organizations to mitigate risk during times of economic uncertainty and market volatility, including the AI revolution and global economic instability.

This preference for proven experience stems from the high stakes involved in appointing a CEO. The role involves managing budgets, employees, strategy, investor relations, and the company's overall survival and growth. Unlike other positions, there is often little time for a new CEO to learn the ropes; immediate results are expected. Prior experience demonstrates that a candidate has already navigated the pressures of board meetings, difficult decisions, and operating under uncertainty, thereby reducing perceived risk for the hiring company.

However, the article acknowledges that previous CEO experience does not guarantee success and can sometimes lead to rigidity or a focus on safe choices over the best fit. The trend creates a paradox: if companies only hire experienced CEOs, how do promising senior executives gain their first CEO opportunity? To address this, companies need to proactively develop future leaders by providing them with exposure to boards, significant business unit responsibilities, budget management, and strategic decision-making opportunities.

Candidates aspiring to CEO roles also bear responsibility. They must actively seek experiences that simulate the comprehensive duties of the position, including exposure to finance, human resources, strategy, clients, and the board. The goal, the article suggests, is not to encourage unnecessary risks but to enable excellent managers to accumulate the experience that makes them a seemingly safe and viable choice for their first CEO appointment.

Read the original at Calcalist

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